Supply and Demand Teacher Resources
Find Supply and Demand educational ideas and activities
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Kids consider the economic concepts of goods, services, supply, and demand by assessing the impact toy fads have on consumer behavior. They watch a clip from the film Hudsucker Proxy, discuss Hula-Hoops and Silly Bandz, then use those toy fads as case studies for equilibrium price, and supply and demand.
In this supply and demand worksheet, learners read about supply and demand and the impact these can have on a new business. They then answer the 9 questions in the packet. The answers are at the end of the packet.
Research supply and demand with your young economists. In this lesson, learners build knowledge on how to earn, spend, and save money through a role-play activity. They practice "buying" things with play money.
Students define economic terms, list three conditions that must be present in order for demand to exist, define law of supply and demand, differentiate between buyer's and seller's markets, examine concept of elasticity, view tutorial on Virtual Economics, answer questions on consumer questionnaire, and compile results in spreadsheet format.
Investigate the wonders of supply and demand curves. Learners create and graph supply and demand curves, and as a class, discuss the properties of the curves. They investigate how price affects the quantity demanded and supplied and discuss what factors may cause changes in the demand and supply curves.
In this Economics learning exercise, students assess their knowledge of the concepts, definitions, and graphs associated with supply and demand. The fourteen page learning exercise contains forty multiple choice problems. Answers are not included.
In this economics worksheet, students respond to 27 fill and the blank and multiple choice questions about market supply and demand as well as equilibrium prices.
Students learn that the price of an item is defined by its supply and demand. In this lesson students graph the relationship between demand and supply of various products, students also consider hidden costs.
Students explain factors that affect supply and demand, find linear equations for given set of supply and demand data, and find the equilibrium point for a system of supply and demand equations. They translate between table, graph and equation repres
Students explore economic concepts. In this supply and demand lesson, students learn about supply and demand through the exploration of the California Gold Rush. Students use online activities to transport back to the time of the gold rush and read factual examples of supply and demand at work. Students write a paragraph on a recent fad that resulted in a shortage of that item.
Fourth graders explore the concept of economic goods and bads, and scarce items as it relates to the factors that affect our economy. In this supply and demand lesson plan, 4th graders are introduced to vocabulary that pertains to supply and demand. Students then discuss the causes that make prices change and work in groups to answer specific questions on a worksheet.
In this economics instructional activity, students respond to writing prompt questions about supply and demand issues in the world economy today.
Tenth graders define the terms supply and demand. They identify what happens when demand exceeds supply. They explain how supply and demand affects choices such as: careers, types of cars made, etc.
Students explore social studies. In this economics lesson, students understand the concept of supply and demand and how it affects consumers in every day life. They work as a class to participate in an auction style game.
Now that your scholars have some career aspirations, it's time to explore the demand for these professionals based on labor projections. They explore the Law of Supply and Demand in a guided discussion, outlined here. There are some great prompts that will lead pupils into understanding of these sometimes difficult economic concepts. How does this law impact their buying power? How can it impact their future career choices? The labor statistics links here are specifically for Florida, so consider researching resources for your own area.
How do supply and demand curves shift based on increasing and decreasing demand/supply? Check out this video to see how one presenter explains the concept in 60 seconds or less.
A hands-on simulation perfect for an economics lesson plan, young learners investigate the availability of different sources of natural energy (coal, natural gas, oil, solar, and nuclear) and how this availability affects their cost. Simulate the distribution of natural energy sources with beads that are hidden around the room. After teams of learners find all their beads, they calculate the percentage of all resources their energy source makes up. This leads to a discussion of supp
Supply and demand can be a complicated concept for some students, and this resource makes the topic interesting and accessible. Economics classes may enjoy using case studies of Hula Hoops and Silly Bandz to learn about this concept. They first watch a clip about the Hula-Hoop demand in the 1950s-60s, and then discuss questions about supply and demand. Next, the class watches a clip about the makers of Silly Bandz and read relevant news stories. Applying what they learn from the Hula-Hoop segment, they answer questions about Silly Bandz' price point. All of the necessary links are included, as is a final assessment.
Focusing on supply and demand, learners discuss economic principles in this lesson related to Wisconsin. After discussing supply and demand, learners answer questions related to a pizza parlor. They talk about profit, as well as other economic concepts.
Students explore the concept of supply and demand. In this supply and demand instructional activity, students examine two types of tuna and why one cost $70,000 per fish and the other cost $1.99. Students discuss supply and demand of the different tuna fish. Students create a graph of cost vs. quantity of tuna and examine the curve associated with supply and demand.